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Levan
Levan is 63 years old. He lives in the small village of Nigvziani with his wife, who is provided with a retirement pension. The family runs an agricultural business. In particular, they have three milk cows, whose milk is used in cheese products which are sold locally. Besides, Levan grows nuts, maize and potatoes on the family owned land. He sells the harvested products at the local open market.
Levan is a very hardworking man, with a rich experience in his work. Levan requested a loan for purchasing an additional milk cow and a calf. After purchasing a milk cow, he will be able to receive more milk. With the received milk, his wife will produce more cheese and sell it locally for a good price. The calf will be raised and after several months it will become a dairy cow. Another part of the credit will be used for purchasing feed for cattle. The cows will be fed properly and Levan will get a planned amount of milk. This will increase the income of the family. With increased income they will be able to improve their living conditions. Levan awaits your support.

Additional Information

About LLC Micro Finance Organization Credo

LLC Credo (Credo) is a microfinance organization in Georgia that provides sustainable credit services to alleviate poverty in rural areas, including business loans, agriculture loans, household loans, crop insurance and more. Kiva lenders’ funds are used to help the organization expand its outreach to even more entrepreneurs, farmers and households in remote areas.

About Georgia

  • $4,600
    Average annual income
  • 48
    View loans »
    Georgia Loans Fundraising
  • $7,020,400
    Funds lent in using Kiva
  • 1.7
    Georgia Lari (GEL) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,225 helped Levan to purchase a milk cow and calf and feed for them.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014